Results 1 to 9 of 9
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05-19-2017, 02:24 PM #1
- Join Date
- May 2017
- Posts
- 8
Who would fund this
300-350k past 4 months looking for 350k
trucking
16 trucks
no positions
strong ending balances
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05-19-2017, 02:26 PM #2
NOBODY is giving more than the average month to a trucker. What is the credit? TIB? Payback months?
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05-19-2017, 02:28 PM #3
- Join Date
- May 2017
- Posts
- 8
.......
Last edited by Kevvuitton; 05-19-2017 at 02:59 PM.
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05-19-2017, 02:30 PM #4
- Join Date
- May 2017
- Posts
- 8
680 and hasn't had a position yet.
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05-19-2017, 03:09 PM #5
- Join Date
- Mar 2016
- Posts
- 335
Why not get invoice factoring for the trucker? A factoring company will advance up to 95% of his invoices and only charge 2% max for 30 days.
Just a humble thought.
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05-19-2017, 04:14 PM #6
- Join Date
- Dec 2013
- Posts
- 4,713
Cresthill Capital LOVES trucking/transportation.
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
覧覧覧覧覧覧覧覧覧覧覧覧覧
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
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05-22-2017, 03:31 PM #7
- Join Date
- Jun 2016
- Posts
- 416
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05-23-2017, 06:20 PM #8
- Join Date
- May 2017
- Posts
- 8
His fico is sub 600 and he's home based :/
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05-24-2017, 07:50 AM #9
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
Ted Fundy's suggestion is spot on: there are firms that will go up to 97% of the AR in that industry- alleging that the AR isn't already encumbered.
There are obviously several folks here that can help. Construction and Trucking are tough for main stream 'funders' but there are numerous ways to get this one done
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